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Results: 1-10 of 77

Sixth Circuit affirms decision to enforce arbitration provision in retiree benefit dispute
  • Katten Muchin Rosenman LLP
  • USA
  • August 2 2013

The US Court of Appeals for the Sixth Circuit recently affirmed a district court's decision to grant defendant-appellee TRW Vehicle Safety Systems


Fiduciary insurance does not cover alleged COBRA violation
  • Katten Muchin Rosenman LLP
  • USA
  • September 11 2009

An employer sponsor and administrator of a group health benefits plan was sued for alleged violations of its fiduciary duties under the Employee Retirement Income Security Act of 1974 (ERISA) and the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA


COBRA violation not covered by fiduciary insurance
  • Katten Muchin Rosenman LLP
  • USA
  • December 14 2009

An employer sponsor and administrator of a group health benefits plan was sued for alleged violations of its fiduciary duties under the Employee Retirement Income Security Act of 1974 (ERISA) and the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA


Seventh Circuit permits retroactive correction to benefit plan
  • Katten Muchin Rosenman LLP
  • USA
  • September 10 2010

The U.S. Court of Appeals for the Seventh Circuit has recently allowed Verizon Communications, Inc. to correct a mistake in the drafting of its cash balance plan that could save Verizon over $1 billion in pension benefits


Second Circuit to consider employer’s discretion in connection with LTIP
  • Katten Muchin Rosenman LLP
  • USA
  • October 29 2010

The U.S. Court of Appeals for the Second Circuit is considering the district court’s decision in Fishoff v. Coty Inc., which held that the Coty Board’s broad discretion under its Long Term Incentive Compensation Plan (LTIP) did not include attributing two different fair market values to its stock for the same day


Court finds private equity portfolio company may have liability for withdrawal by another portfolio company
  • Katten Muchin Rosenman LLP
  • USA
  • August 16 2013

The US Court of Appeals for the First Circuit recently delivered a potentially far-reaching decision for the private equity industry. In a case which


MetLife v. Glenn: Supreme Court cautions on conflicted fiduciaries deciding claims
  • Katten Muchin Rosenman LLP
  • USA
  • June 30 2008

On June 19, 2008, the U.S. Supreme Court issued its decision in Metropolitan Life Insurance Co. v. Glenn (“Glenn”


Executive’s responsibility for SEC filings may be grounds for rule 10b-5 liability
  • Katten Muchin Rosenman LLP
  • USA
  • February 22 2008

A federal district court denied defendant’s motion for summary judgment in a Securities and Exchange Commission enforcement action seeking civil penalties for claims that the defendant, the former President and COO of a public company, violated Section 10(b) of the Securities Exchange Act of 1934 in connection with the Company’s failure to disclose, among other things, the company’s practice of backdating stock options in its 2002 Form 10-K


Understanding and monitoring retirement plan investments is focus of recent case
  • Katten Muchin Rosenman LLP
  • USA
  • January 29 2010

A Tennessee district court recently ruled that a directed trustee may seek indemnification from a retirement plans internal fiduciaries if that trustee is liable for alleged losses in investment funds it recommended


Defense of Marriage Act ruling has multiple effects on benefit plans
  • Katten Muchin Rosenman LLP
  • USA
  • June 28 2013

On June 26, the US Supreme Court ruled in United States v. Windsor that Section 3 of the federal Defense of Marriage Act (DOMA) is unconstitutional